Section 388(2)

A person acts as an insolvency practitioner in relation to an individual by acting— as his trustee in bankruptcy or interim receiver of his property or as trustee (or interim trustee) in the sequestration of his estate; or as trustee under a deed which is ..., in Scotland, a trust deed for his creditor; or where a voluntary arrangement in relation to the individual is proposed or approved under Part VIII, as nominee or supervisor in the case of a deceased individual to the administration of whose estate this section applies by virtue of an order under section 421 (application of provisions of this Act to insolvent estates of deceased persons), as administrator of that estate.

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Source: legislation.gov.uk · retrieved 2026-09-04